How much money do yours get?

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And what do they have to spend it on?

So for example at the moment mine get £18/month but we pay for hair cuts, bus fares, going out with friends, clothes, phone data.

There’s nothing they have to use that money to budget for so it’s all theirs. Whilst they get less than my friend gives hers, I think maybe it’s ok for this reason. Just wanted to get a larger sample though as I don’t want them to be getting less than their peers.

They are 14 and 15.

Mine are aged 10&13. I only started giving pocket money when the eldest went to secondary aged 11. It was £5 a week with the plan to increase £1 a year but it’s still £5 as she never really spends it. Doesn’t like going out and it sits there til she sees something she likes or wants. Sometimes grabs sweets on her way home from school. I started giving youngest hers at the same time so she was 8. She got £2, then at 9 she got £3 and now she’s 10 she gets £4 so will get £5 when she goes to high school. She’s a spender though. They both also get pocket money off one grandparent. It was £20 a month but now £30.

As for bank accounts. Mine also have a savings building society account I put money in monthly for me to then withdraw for clothes and bigger spends. They are technically old enough to access it now but I keep the book. The eldest got a bank account. It was Covid when she turned 11 so only managed NatWest at the time as all others near us weren’t taking on kids accounts. No cost involved. Contactless card. Youngest I got her a HyperJar account. Same as a go Henry but free. I refuse to pay for an account for kids. You set up a parent account and get a card. Then set up a child’s jar (account) so they get a card. They can then set up further sub jars for savings etc which don’t have cards. So she gets her pocket money and tries hard to put £1 or so of it into her savings jar. Eldest doesn’t have a savings account connected to her bank card but probably could. I know mine is dead east to open a savings connected to each current. When she’s 11 I’ll get a proper bank account for her. Main reason is only I can transfer money to her main jar or any jars. So my mum has a standing order to my account each month and then I transfer it over. Whereas she has a standing order to go straight into the eldest’s NatWest account. Also when she used her HyperJar on Amazon to buy something, it works fine and all that, but she sent something back and the refund actually went to my HyperJar account. Interestingly though she can check her phone contacts for others who have a HyperJar account - app on their phone to manage as well. Her friend has one so when they went to the shops one week my daughter didn’t have her card so her friend bought her some sweets and my daughter transferred the money over. So it seems other HyperJars can send to each other but not other bank accounts. It’s been good though.

In response to OP. So they get from me £5/£4 a week. I pay for all clothes, phones, hair and essentials. Theirs is purely pleasure money and to encourage to save for more expensive fun items.

Don't know the exchange off my head but I'm in Ireland and mine get a €10/week pocket money but oldest also gets money for school lunches etc. (About €5/day she's saves the change) .... we pay for everything so it's their own to spend as they wish or save if they want. Mine are 8 & 13.

40 euro a month for 15 and 14 year old.
Older one spends on the odd hot choc, snacks out and about, art supplies, random shit in Tiger.
I would always ensure their card is topped up as they commute.
Younger one is more not inclined to waste money on random snacks but prefers to save to buy the odd game or accessory.
Usually both get cash and vouchers for birthday and Christmas so they mostly cover cinema, a game, game credits etc themselves.

£30 per month.
We pay for similar things but I am not paying for a new phone, some very specific clothes items….
Thats usually what that money is used for.

If you bank with Halifax or Lloyds you can open your kids both a current account and savings account that run alongside each other from 11. They get their own online banking but you can also see their accounts on your online banking and transfer money from your account to theirs.
My daughter only just turned 11 and paid her birthday money in and she will be getting money paid in for doing chores only at this stage. It’s only small amounts, 50p or £1 to try and teach her about money and that she has to earn it. She keeps her room tidy anyway so it’s extra chores, eg, she just hoovered for the first time and helped me tidy up the garden at the weekend. She felt good she’d earnt a few pounds and it helped out too.
if you do want to give your kids a little more than you already are doing, is there something similar you could introduce but with slightly higher rewards with them being older?

Mine (13) gets £5 per week. I pay her phone, but she pays for her Spotify subscription herself. I buy her clothes.

On bank accounts, we just got HSBC kids account which had best interest rates a few weeks ago. There’s a savings and current account that come together.

I have a 15 year old girl and a 14 year old boy. They both get £5 per week into their accounts, my boy splurges on crisps and drinks and my daughter saves hers up for things she wants. They both get small amounts given for train fares/food if they go out with friends.

DD15 gets £150 a month which covers absolutely everything except school uniform. All other clothes, activities, seeing friends etc etc, toiletries (except basics like soap and san pro), gifts, saving for festival tickets in the summer, you name it.

I find this really difficult as everything costs so much - DD14 gets £10 a week but that really doesn’t go very far. I buy most of her clothes but if she asks for extra special outfits eg for a festival or a friend’s prom, she offers to pay towards them. I usually pay for food when she’s out but sometimes will say she has to wait until she’s home. All depends on the situation. DD is supposed to do chores & DH & I have said if she steps up, she can possibly get £15 a week. Her Grandparents are generous & will give her money plus pay for shoes, winter coat etc. Give DD her due, she is really keen to do babysitting to earn extra money & wants to do a part time job as soon as she’s 15.

60 quid a month
Older sisters (10 year age gap) got 40 so it seemed right.
She spends it on what she wants, mainly going to Primark with friends.
We pay for her modest phone, toiletries and other clothes/Shoes. She is 15 but she will probably get a part time job sooner or later.

At that age I had an allowance of £100pm which I had to use for all socialising, food out, make up, any clothes beyond basics, etc. I had a Saturday job and babysat for extra money.

We put money in their savings accounts and ISA's each month. For spending money they earn it by helping out with chores which I pay them or babysitting etc. They get the odd hand out if they're running short and need it for something specific but only if they've been good and worked hard.

I pay for phones, Xboxes all clothes, gifts etc. Cinema vouchers, money, Xbox vouchers etc are all standard gifts now which they use throughout the months.

My teens get £5/week. We pay bus fare, phone contract, regular activities (music lessons etc) any necessary clothes and toiletries. My 16 year old does regular gardening for a neighbour and just started a zero hours contract as a lifeguard so will hopefully earn quite a bit this summer once his exams are over. Both pay around £10/hr.

Mine get £50 per month but they have to buy all their own clothes with that

And older one spends absolutely none of it!

My 16 year old gets £50pm. I basically pay for everything though so its all for spending. He uses the money for buying things from amazon and buying food when out with pals (I'd give him money if it was a planned outing to town but not just a random McDonald's). He also buys protein shakes and gym things. I put £50 into a savings account for him too but he doesnt know about that.

Mine get their school year per week, so Year 10 = £10 pw, Year 12 = £12 per week. But they have chores: must clean a car each week, empty bins 3 days each, cook once each per week, tidy kitchen when the other one cooks (they make a right mess), bring their laundry down and change their beds. This year we’ve given them a 10% COL increase. We pay for phones, and all essentials so their money is for fun, which seems to be fashionable clothes, Wagamamas and Bubble Tea.

Both my DD's get £100 per month which they buy everything they need out of-toiletries, make up, going out and any travel that involves, saving for bigger things etc.
dd1 saves like mad and never spends it all. Dd2 splurges hers in the first week and so we have to be very strict with her about saying no to little bits of extra later in the month. She is learning, slowly, the hard way.
Dd1 has a job and dd2 will be expected to when she turns 16.

£20 a week on their cards. We pay for everything, their pocket money is more savings. My daughter collects mlp g1-3, so she saves every penny all year for ponycon. She honestly saves every single bit of money for this event, birthday or odd 2p found. One of my boys is big into hornby so will use his for that sometimes.

My 16 year old gets £40 a month plus phone and gym paid for. He has to buy his own clothes. He also has a Sat job which brings in £165 a month (and some extra in the holidays) but he managed without this when he was 14/15.

Mine gets her child benefit. I pay for hair/phone/uniform/shoes/coat/essential stuff. She pays for travel, fun money, clothes, going out. She is on my Uber account in case she's stranded anywhere.

Almost 13 year old gets £40 a month

which is just for her to spend when she’s out and about with her friends
mainly on costa and mcds

i buy all of her clothes, pay phone bill
and if we are out together I’ll buy what she needs
And if she was going on a shopping trip with friends and wanting clothes I would just transfer her more money
All we ask if that she keeps on top of school work, and keeping her room clean
And she does unloads the dishwasher every morning

Dd2 is 17 and she gets £60 a month from us and £20 from each set of grandparents so £100 a month.
I pay for her bus to college, phone, haircuts, toiletries, clothes (twice a year transfer her some money to buy herself some seasonally appropriate clothes), shoes, all the regular stuff.
She has a weekend job which earns her around £400 a month. She saves half and spends half on outings, Cinema, lunches out, additional clothing, makeup, friends and our birthday presents.
dd1 is at uni and we sent her £400 p/m for food/socialising/travel. Grandparents also send her some pocket money each month.
ds is the youngest, he gets £10 a week.

We just do a bank transfer when asked for money, no weekly or monthly allowance allocated. I also pay for mobile phone bills, clothes etc.

£18 a month is really tight . £4.50 a week , really !!